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![Delay in Approaching Revision Authority under Income Tax Act is not Condonable hen Assessee Fails to Show Sufficient Reason: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Kerala-High-Court-Revision-Authority-Income-Tax-Act-delay-condonation-tax-revision-application-taxscan-1.jpg "Delay in Approaching Revision Authority under Income Tax Act is not Condonable hen Assessee Fails to Show Sufficient Reason: Kerala HC [Read Order]")
Delay in Approaching Revision Authority under Income Tax Act is not Condonable hen Assessee Fails to Show Sufficient Reason: Kerala HC [Read Order]
The Kerala High Court has held that the delay in approaching the revision authority under the Income Tax Act is not condonable when assessee fails to...
Bombay HC quashes Reassessment Notice under Income Tax Act in Absence of Change in Opening and Closing Stock of NCD's [Read Order]
The Bombay High Court has quashed the reassessment notice issued under the Income Tax Act, 1961 as there was no change in the opening and closing stock of the non-convertible debts ( NCDs ). It was...
![Bombay HC quashes Reassessment Notice under Income Tax Act in Absence of Change in Opening and Closing Stock of NCDs [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Bombay-high-court-Income-Tax-Income-tax-news-non-convertible-debts-Tax-reassessment-taxscan.jpeg "Bombay HC quashes Reassessment Notice under Income Tax Act in Absence of Change in Opening and Closing Stock of NCDs [Read Order]")
STCL Off settable Against STCG across Assets Regardless of Tax Rate Disparity u/s 70 (2) of Income Tax Act: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that Short Term Capital Loss ( STCL ) offsettable against Short Term Capital Gain ( STCG ) across assets regardless of tax rate...
![STCL Off settable Against STCG across Assets Regardless of Tax Rate Disparity u/s 70 (2) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-Income-tax-Tax-rate-disparity-Short-term-capital-loss-Short-term-capital-gain-taxscan.jpg "STCL Off settable Against STCG across Assets Regardless of Tax Rate Disparity u/s 70 (2) of Income Tax Act: ITAT [Read Order]")
